Key Features
99 Year Term Offshore Bond
A capital redemption contract with a 99-year fixed term.
It will continue until the end of the term unless fully surrendered earlier.
At the end of the term, the bond has a guaranteed value of at least twice the initial premium amount you have paid*
*(less any withdrawals or surrenders)
Investment Freedom
Investment flexibility which may include a full range of asset classes
Investments in the scheme are not classed as PFICS by the IRS
Access to professional investment management and holistic retirement planning services
Contributions
Anyone aged 18-89 years can invest into the Veritas Life Investment Bond
No Limit on contributions – minimum account opening is $/€/£50,000
US/UK Allowances and Annual Allowance limits do not apply
Tax Efficient
Assets held within the UA Plan grow tax efficient manner
UK s58(1) (d) IHTA Compliant as such settled property is not deemed ‘relevant property’ for IHT purposes
No requirement for probate on death of the member
Assess to your money – Retirement age 55
Flexible options at Retirement
UA Plan proceeds pay out gross PCLS of up to 30% on retirement
Loans are permitted up to a maxi¬mum of 30% of the value of the UA Plan (tax advice should be sought before taking this option)
Support
Financial Adviser - Your dedicated financial adviser should be your first point of call and will have access to our full range support
Online - keep yourself up to date with policy valuation and performance through our user-friendly online portal.
Customer Service Team - you benefit from our experienced customer service and administration team in order to handle any queries relating to your plan
